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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Reggie Middleton tackles Defi, booms/busts and Bitcoin regulation
06 Dec 2024 16:00 Inventor Reggie Middleton sits with Kurt Wuckert Jr. to discuss the evolution of Bitcoin and the state of its adoption and how IP is being used as a leverage in today's time.
South Africa denies de-dollarization with BRICS Donald Trump has threatened to slap BRICS members with 100% tariffs on goods imported to the U.S. if they create a new currency and abandon the U.S. dollar.
Tether sweats as Celsius’s Alex Mashinsky pleads guilty to fraud Celsius’s Alex Mashinsky pleaded guilty to one count of committing commodities fraud and one count of committing securities fraud—the fraud counts were among seven charges filed against him in 2023.
RBI urges small businesses to adopt UPI, digital payments The Reserve Bank of India has suggested adopting digital payment systems like the Unified Payments Interface and online banking to its MSMEs to create a digital footprint for financial transactions.
Binance CEO Urges Crypto Fans to Move Beyond Hodling and Flipping Tokens
Dedollarization Is Not Our Objective: India Clarifies Currency Goals
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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